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U.S. Industrial Process Furnace And Oven Market. Analysis And Forecast to 2030
Report Update: Nov 1, 2024

U.S. Industrial Process Furnace And Oven Market. Analysis And Forecast to 2030

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Jun 26, 2018

U.S. Industrial Process Furnace and Oven Market Shows a Slightly Increasing Output

IndexBox has just published a new report "U.S. Industrial Process Furnace And Oven Market. Analysis And Forecast to 2025". Here is a summary of the report's key findings.

The U.S. Industrial Process Furnace and Oven Market Reached $X Billion

In 2016, the industrial process furnace and oven market reached X million USD. According to IndexBox estimates, over the past seven year period, the industrial process furnace and oven market recorded steady growth, following a significant X% contraction of the sector's market volume in 2009, during the throes of the international financial crisis. Despite this sizeable decline in the market, however, the U.S. industrial process furnace and oven market volume had already regained its pre-crisis performance figures in 2012.

The U.S. Market of Industrial Process Furnaces and Ovens to Expand Moderately

U.S. growth in industrial process furnace and oven consumption is expected to grow with an anticipated CAGR of +X% in the medium term, against the current economic recovery and a surge in demand from the metallurgy and construction industries. The slowdown in the market's rates of growth are mainly due to the sluggish pace of expansion currently being seen in these sectors, as well as in the economy overall.

U.S. Industrial Process Furnace and Oven Output Increased Slightly

The production of U.S. industrial process furnace and oven manufacturing increased by X% to X million USD in 2016. Production dynamics went hand in hand with that of consumption from 2007 to 2016.

China, Mexico and Canada Were the Main Export Destinations for U.S. Industrial Process Furnaces and Ovens

The U.S. exported X million USD of industrial process furnaces and ovens in 2016, which accounted for X% of the total output. Exports values recorded a mixed trend patterm. After the decline in 2009, figures recovered over the next two years, experiencing a downturn, however, from 2012 to 2016.

In 2016, the main destinations for U.S. industrial process furnace and oven exports were China (X% based on USD), Mexico (X%) and Canada (X%). Mexico recorded the highest annual average rate of growth in terms of imports (+X%) amongst the leaders from 2007 to 2016. By contrast, China (-X%) showed a negative dynamic from 2007 to 2016.

The shares exported to Canada (+X percentage points) and Mexico (+X percentage points) increased, while the share sent to China(-X percentage points) illustrated a negative dynamic throughout the analyzed period.

Germany, Japan, and China Were Key Suppliers of Industrial Process Furnaces and Ovens into the U.S.

The value of total U.S. industrial process furnace and oven imports totalled X million USD in 2016. The U.S. industrial process furnace and oven market remained dependent on import supplies from those countries overseas specializing in the manufacture of industrial process furnaces and ovens. The share of imports in consumption stood at X% in 2016, remaining relatively stable over the period under review.

Germany (X% based on USD), Japan (X%), China (X%) and Canada (X%) were the main suppliers of total industrial process furnaces and ovens into the U.S., with a combined share of X% of total U.S. imports in 2016. China (+X% per year) was the fastest growing supplier from 2007 to 2016. Moreover, China (+X percentage points) strengthened its position in terms of U.S. imports from 2007 to 2016. By contrast, Japan (-X percentage points) and Canada (-X percentage points) saw their shares reduced by –X percentage points and -X percentage points, respectively.

Do you want to know more about the U.S. industrial process furnace and oven market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • industrial process furnace market share
  • industrial process furnace prices
  • industrial process furnace industry
  • industrial process furnace sales
  • industrial process furnace import
  • industrial process furnace export
  • industrial process furnace market forecast
  • industrial process furnace price forecast
  • key industrial process furnace producers

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for industrial process furnace and oven in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • NAICS 333994 - Industrial process furnace and oven manufacturing

Companies mentioned:

  • ASC Process Systems
  • Ipsen
  • Indel
  • Chromalox
  • Linde Engineering North America Inc.
  • Fives North American Combustion
  • Verdun
  • Tpi Corporation
  • Durex International Corp.
  • Seco/Warwick Corporation
  • Harper International Corporation
  • Heatron
  • Tempco Electric Heater Corporation
  • Al-Jon Manufacturing
  • Laars Heating Systems Company
  • Industrial Engineering and Equipment Company
  • Warren Steel Holdings
  • Schmid Thermal Systems
  • Infratrol Manufacturing Corp.
  • Belco Industries
  • Ebner Furnaces
  • Austin-Westran
  • CMI Industry Americas Inc.
  • I Cerco
  • Inductotherm Corporation
  • Backer Ehp
  • C.A. Litzler Holding Company
  • Despatch Industries Limited Partnership
  • Rowan Technologies
  • Watlow Electric Manufacturing Company
  • T T X Holdings
  • API Heat Transfer Thermasys Corporation

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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